Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.
Category: United States Economy
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Walmart Opens the Year With Stronger Sales and Profit
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
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S&P 500 Pushes Past Previous Record After Inflation Report
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its March record.
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The Stock Market Is Back in Rally Mode
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its March record.
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Inside the Rent Inflation Measure That Economics Nerds Love to Hate
The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.
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Why Is Car Insurance So Expensive?
Soaring premiums have become a prominent driver of inflation, and insurers say that more increases could be on the way. How did it get like this?
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Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
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How China Got So Dominant in Cars and Solar
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
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How Biden’s Trade War With China Differs From Trump’s
The president is trying a targeted approach, with allies, to beat Beijing in the race to own the clean energy future. Those weren’t his predecessor’s goals.
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High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.
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What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.
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An Inflation Test Looms Over the Economy and the Election
The pivotal Consumer Price Index report is set to be published on Wednesday as the window for interest-rate cuts before November is closing.